44 Grenville Grove, Capel Sound VIC 3940

For Sale

House

Type

Bedrooms

Bathrooms

Last updated on Tuesday, September 08, 2026 ( See property details for 44 Grenville Grove, Capel Sound VIC 3940)

$895,000

Shane Fox Senior Sales Executive / Licensed Estate Agent

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Tanjil Williams Executive Assistant | Licensed Estate Agent | Sales

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile development site in a sought-after coastal pocket, offering approved plans for three townhouses and a comfortable existing dwelling, just moments from the beach and local amenities.

🏡 Property Highlights

Prime 836sqm level allotment just two streets from Capel Sound foreshore
Approved plans for three double-storey townhouses with four bedrooms each
North-facing, flat, fully fenced, and semi-cleared site for easy development
Existing weatherboard dwelling providing holding income or short-term accommodation
Strategic coastal location close to beaches, cafes, and recreational facilities
Strong demand for medium-density, low-maintenance coastal housing in the area

✨ Key Features

Waterfront / Views
Open-Plan Living
Built-in Robes
Outdoor Area
Fully fenced
Water tank
Security Screens / Gates
Pet-Friendly
Garage / Secure Parking
Ceiling Fans

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44 Grenville Grove

Capel Sound, VIC 3940

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Suburb and Property Insights of Capel Sound, VIC 3940

Capel Sound is a highly sought-after seaside suburb renowned for its pristine beaches, vibrant local cafes, and recreational facilities. Its strategic location offers easy access to the Rosebud Activity Centre, Peninsula Link, and renowned golf courses. The area attracts downsizers, lifestyle buyers, and investors seeking a relaxed coastal lifestyle with strong resale and rental demand. With its flat, fully fenced land and approved development plans, Capel Sound presents a rare opportunity for savvy buyers to secure a prime coastal property with significant growth potential.

Frequently Asked Questions

What is the current condition of the existing dwelling on the property?

The existing weatherboard dwelling features four bedrooms and one bathroom, providing a comfortable holding income or short-term accommodation option while preparing for redevelopment.

Are the approved plans for the townhouses available for review?

Yes, the approved council plans for the three double-storey townhouses are provided at settlement, with endorsed plans available for review.

What are the zoning and development restrictions for this site?

The property is zoned Residential, with approved plans for multi-dwelling townhouses, and has low site constraints, making it ideal for efficient design and construction.

Is the land suitable for future development and construction?

Yes, the flat, north-facing, fully fenced, and semi-cleared site offers minimal constraints, facilitating straightforward development and build outcomes.

What amenities and attractions are nearby?

Nearby attractions include the Capel Sound foreshore, Bay Trail, cafes, Rosebud Country Club, golf courses, Peninsula Hot Springs, and Alba Thermal Springs, enhancing lifestyle appeal.

What to ask about this property to agent?

Are there any additional costs or fees associated with the approved development plans? Have all necessary permits and approvals been obtained, and are there any pending applications? Are there any easements, covenants, or zoning restrictions that could impact future development? Is the property located in a flood or bushfire-prone area, and what are the associated risks? Are there any upcoming planning or construction projects nearby that could affect the property’s value or livability? What are the strata or community title considerations, if applicable? Are there any known issues with the existing dwelling, such as structural defects or compliance concerns? What are the ongoing maintenance costs for the property and land? Is there any history of flooding or environmental hazards on the site? Are there any restrictions on property use or future subdivision potential?

44 Grenville Grove, Capel Sound VIC 3940 - More Details

Blue-Chip Beachside Development Site - Plans and Permits Will Be Available

836sqm (Approx.) with Approved Plans for 3 Double Story Town Houses each comprising of 4 bedrooms , two with ensuites and a third central bathroom.

An exceptional opportunity to secure a prime 836sqm (approx.) level allotment just two streets from the Capel Sound foreshore.

Offering strong fundamentals for immediate development in a tightly held coastal growth pocket.

The site is flat, north-facing and fully usable, significantly reducing construction complexity and site costs.

The existing weatherboard dwelling (four bedrooms, one bathroom) provides holding income or short-term accommodation potential while preparing for redevelopment.

Development Highlights:

* Zoning: Residential
* Orientation: North-facing yard
* Topography: Flat, semi-cleared and fully fenced
* Approved council plans for a Multi-dwelling townhouse project
* Approved plans provided at settlement
* Endorsed plans will be provided at settlement
* Low site constraints - ideal for efficient design and build outcomes

Capel Sound continues to experience strong demand for medium-density, low-maintenance coastal housing, underpinned by downsizers, lifestyle buyers, and Melbourne-based purchasers seeking Peninsula exposure. This site offers scale and flexibility rarely found this close to the foreshore.

Strategic Location Advantages:

* Walk to beach, foreshore and Bay Trail
* Walking distance to Capel Sound village cafés, retail and services
* Close to Rosebud Activity Centre and Peninsula Link
* Strong resale and rental demand in established seaside precinct

Nearby attractions that underpin long-term buyer appeal include:

* The Dunes, Eagle Ridge, Rosebud Country Club
* The National & St Andrews Beach Golf Courses
* Peninsula Hot Springs and Alba Thermal Springs

A compelling beachside development opportunity combining location, scale, planning advantage and end-buyer demand.

Location is the key to any property purchase, and this location has it in spades.

Type: House
Bedrooms: 4
Bathrooms: 1
Area: 0.0

Map & nearby places — 44 Grenville Grove, Capel Sound VIC 3940

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Shane Fox

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Tanjil Williams

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44 Grenville Grove, Capel Sound VIC 3940

$895,000

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